According to DRAMeXchange NAND flash over capacity has worsened in the third quarter as ASPs declined 30 percent Q-on-Q, while bit shipment growth increased 25 percent. Market leader, Samsung contributed the most to bit growth shipments in the quarter, which increased 25 percent, Q-on-Q. IMFT’s bit shipments grew by 10 percent, while Hynix’s declined 14 percent as it closed 200mm NAND fabs.

Samsung also experienced the largest decline in ASPs at more than 30 percent, said DRAMeXchange. Hynix’s 3Q ASP dropped 23 percent. Micron’s ASPs dropped 20 percent.

Samsung’s revenue reached $1.138 billion with a market share of 41.1 percent. Toshiba had $799 million in revenue and a 28.9 percent market share. Hynix ranked third place with $397 million in revenue and 14.4% market share. Micron and Intel took fourth and fifth place with market share of 7.8% and 5.6% respectively.